IMMERSION CORP 4
4 · IMMERSION CORP · Filed Nov 28, 2016
Insider Transaction Report
Form 4
IMMERSION CORPIMMR
SALTICH JACK L
Director
Transactions
- Exercise/Conversion
Common Stock
2016-11-23$9.04/sh+10,000$90,400→ 114,598 total - Exercise/Conversion
Common Stock
2016-11-23$8.61/sh+10,000$86,100→ 124,598 total - Exercise/Conversion
Non-qualified stock option (right to buy)
2016-11-23−10,000→ 0 totalExercise: $9.04Exp: 2017-03-05→ Common Stock (10,000 underlying) - Tax Payment
Common Stock
2016-11-23$10.79/sh−16,359$176,514→ 108,239 total - Exercise/Conversion
Non-qualified stock option (right to buy)
2016-11-23−10,000→ 0 totalExercise: $8.61Exp: 2018-03-03→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed in this Form 4 are equal in value to the exercise price of the stock option, and were relinquished by the Reporting Person and cancelled by the Issuer as payment of such exercise price. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any other reason.
- [F2]The option is fully vested and immediately exercisable.